Tag: savings interest rates

At a press conference addressing socio-economic issues in Ho Chi Minh City on the afternoon of October 16, Mr. Do Diep Gia Hop, Deputy Director of the Department of Transportation Infrastructure Maintenance and Operation (Department of Construction), announced that the city is accelerating the implementation of the Ring Road 2 project to ensure its groundbreaking within this year.

Vietnam stands as one of Asia’s most dynamic economies, fueled by a young workforce, high technology adoption, and surging foreign investment. These advantages position the nation to emerge as a global financial hub. The government’s vision extends beyond capital market consolidation, aiming to cultivate an ecosystem that drives innovation, enhances competitiveness, and fosters sustainable long-term growth.

Property prices not only reflect the physical balance of supply and demand but also serve as a mirror to the equity of opportunity distribution. When credit and tax policies disproportionately favor those who already possess assets, the system perpetuates inequality, turning real estate into a hotbed for both financial risk and eroding trust.